The smartest man in the world

William James Sidis  is considered the smartest person in history. Son of immigrants Sarah Mandelbaum Sidis and Boris Sidis, had an estimated 250 to 300 IQ points. The range of a common person considered is between 90 and 110. His parents fled Russia in 1898 for political reasons, were part of the Russian Jewish community.

At age eight he knew 9 languages in addition to their mother tongue is English (Latin, Greek, French, Russian, German, Hebrew, Turkish and Armenian), and 7 years invented one, the vendergood. He passed the third grade in three days. He wrote four books of anatomy and astronomy between 4 and 8 years. Before the age of eight years was accepted at MIT (Massachusetts Institute of Technology), and at 11 he entered the Harvard University and was an expert in applied mathematics. At age 16 he graduated in medicine. He was able to speak about 40 languages to perfection until his death.

He died on July 17, 1944 at age 46 after finishing his seventh and final race. According to a popular myth, the cause of death was a stroke. He could never have a family life, never had a partner, was not interested in much contact with other people and was quite reserved to himself.

BUSINESS TIPS TO KNOW THAT SET

1.- Think big, but begin.
2.-Find companies that relate to your skills.
3.- Start your business part-time.
4.- If you are passionate about something, there's your chance for success.
5. Identify the business-according to your investment capacity.
6.-Make sure that the product or service are for the area.
7.-Make your plan.
8.- Get advice.
9.- Capacitate.
10.- Be the best.

Everybody - Backstreet boys

Bringing Back Memories

Uncertainty in the market does not affect the builders' confidence in the US

Confidence in builders of new homes for single families in the USA have not changed in November as market uncertainty continues to defy builders and buyers alike.

The index of the National Association of Home Builders that measures builder confidence was unchanged in November 54 level last month.

Buyers have shown hesitation in the housing market as a result of the recent government shutdown. Increases in mortgage rates are also holding potential buyers, analysts say.

However, while builders continue to struggle with increases in construction costs and low valuations, remain largely optimistic reports NAHB.

"The political and economic uncertainty is affecting consumer confidence," NAHB chief economist David Crowe said in the report. "The fact that builders confidence remains above 50 is an encouraging sign, considering the outstanding debt and federal budget problems cause builders and consumers stay on the sidelines."

The component index measuring current sales remained at 58 in November. On the other hand, the components that measure future sales and traffic of prospective buyers fell from the previous month.

Regionally, confidence remained the same in the south and west, while down in the Midwest and raised in the Northeast.

Tips to invest in the USA

First came the subprime crisis after the collapse of investment bank Lehman Brothers and now own political conflicts of electoral advertising recession times. The fact is that real estate in the United States is not getting off and is offered as a good investment opportunity, long term, to foreign capital. 

Consider the scenario 

According to the National Association of Realtors USA, NAR, for its acronym, foreign buyers were an important engine for real estate in the last year, adding purchases 82,000 million, 25% more than the previous year. 

According to the agency, between March 2010 and March of 2011de March 2011, the Mexican capital represented 7% of foreign investment property, just behind Chinese Canadians (9%) buyers (23%) and with a investment valued at 5,740 million dollars. 

The reason? the market is favorable: low prices, a large inventory and the certainty that eventually the earth will begin to regain its value. Never more than today in America is some awareness that the Properties are long-term investments. 

The average price paid by foreign investors, $ 315.000, was higher than that paid American residents only reached $ 218.000. This perhaps because, in addition to greater liquidity, many foreign buyers are opting for resort type properties in the residential segment and higher in locations with better promises of goodwill. 

While NAR has distinct location preferences of each nationality of buyers, closely related to accessibility (Mexicans to Texas and Arizona, Chinese to Western and European to the east coast), in the last 10 years, Florida has been the entity most popular for overseas buyer in general, thanks to its climate, tourist profile and demographic mix that gives wealth. 

Managing a property from the distance is easy

One of the biggest fears of foreign buyers is undoubtedly the inability to care for, maintain and manage your property at a distance; however, since the mortgage crisis of 2008, in the United States plus the ability to obtain substantial discounts on the purchase of real property, a new business model that facilitates foreign investment in this direction emerged. 

The diagram suggests that, beyond the purchase of a property with attractive price, which will generate goodwill, it is possible to put it on rent. This scheme allows you to get a guaranteed average around 5% per annum on the initial investment ranging from $ 50.000 to $ 350,000 to the profile of the investor returns. 

Top 5 USA cities to invest in real estate 2014

Investing in real estate is always a good decision for long-term profits. Usually buying real estate means having capital gain and also it doesn’t carry big risks. In the USA, after the economic crisis of 2008, there are several options to purchase real estate bargain prices with high growth opportunity. It's important to note than American laws allow foreigners to obtain loans from banks to finance their investments. Between March 2010 and March 2011, foreigners in the USA purchased 82 billion dollars in real estate, according to the National Realtors Association. 2014 could be the year to purchase real estate in USA. Forbes made a list of the best places to invest in the next year: 1. Forth Worth – Arlington, Texas. Upstate is a good option to buy home. Fort Worth has a population of 2.2 million. The average price of a residence is $168,386 dollars and it is estimated that value will increase 25% in three years. 2. Dallas- Plano- Irving, Texas. These counties have a population of 4.3 million and the current average home price is of $180,645 dollars. It's expected that the value will increase 29% in three years. 3. Charlotte-Gastonia-Concorde, Carolina. This area of east-central United States has a population of 1.7 million and the average price of the homes is of $201,855 dollars. It's expected that the value will increase 24% in the next years. 4. Nashville-Davidson, Tennessee. The average home price in this area, with a population of 1.5 million, is $ 199, 506 dollars. It is estimated that the gain in the are will be 23% over the next three years. 5. Houston- Sugar Land – Baytown, Texas. In total, the area has a population of 5.8 million and the average home price is $ 191, 279. Price growth in the next three years is expected to be 24%.

HOT, HOT, HOT NYC!!!

Real estate in New York is so hot right now that developers can´t build fast enough, those available for sale are being purchased before you can say “trust”! The average number of days a property is on the market is 96, which is 46 percent lower than a year ago. However, the number of properties available for sale increased by 18 percent year over year. In other words the demand is much higher than supply at the moment, thus pushing property valuations higher and higher. And buyers are principally foreigners, especially Chinese, thanks to the affordability, increasing wealth and favorable exchange rates. Currently, there are measures in the United States to raise additional taxes to on foreigners who invest in real estate in the United States. The Foreign Investment Law of Property Tax, or FIRPTA, also known as Section 897, specifically says any gain recognized by a foreign person will be treated as if such gain is effectively connected with a trade or business. That means the IRS would levy an additional 10 percent of the purchase price. But guess what? There is a loophole!! The IRS determined that a foreign investor who enters into a total return swap that is tied to an index US of broad-based real estate shall be exempt from FIRPTA. And this explains why so many shell companies, such as New York Magazine recently published in its article “Stash Pads”, are in the public record as the purchaser, and not an individual's name. So what do you think will happen when this gap is closed, as expressed in whispered conversation by some on Capitol Hill? A real estate bargain!!! Like no other in what New Yorkers like to call, “the greatest city in the world”.